HSI Futures
U.S. stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials.
Hong Kong shares ended lower on Thursday, as investors sold shares in companies that posted weaker earnings for the third quarter.
Plan A : 23670-23884, do nothing
Plan B : Below 23670, attempt selling
Plan C : Cut above 23884
Plan D : Consider buying if market stays firm above 23884
Plan E : Cut below 23670
FKLI
Market failed to stay firm above 1845 amid weaker RM. Market will attempt another final push for the last trading of the month today. Buyers might want to consider taking profits temporary if market remain trading under 1845 today.
Holding long
Plan A : 1839-1865.5, do nothing
Plan B : Below 1839, liquidate
Plan C : Above 1865.5, take profits
Plan D : Consider intraday sell if market fails to break above 1855
Plan E : Cut above 1859
FCPO
FCPO could not sustain above 2300 level yesterday and it retraced to low of 2270. The opening price might not deviate too far from yesterday closing as the regional soybean oil and Dalian markets are quite mixed in trading.
Plan A : Overnight buyer hold on to position. Support is looking at 2233. Target is 2413.
Plan B : Intraday investor might sell if market could rebound and resisted at 2295. Target is 2256.
Plan C : Above 2300, do nothing.
Plan D : Below 2250, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, October 30, 2014
Wednesday, October 29, 2014
30 October 2014
HSI Futures
U.S. stocks closed with slight losses on Wednesday, finishing off their lows of the session, after the Federal Reserve ended its stimulative monthly bond-buying program and expressed confidence in U.S. economic prospects.
Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before U.S. interest rates rise.
Plan A : Above 23885, do nothing
Plan B : Below 23670, do nothing
Plan C : Consider intraday sell if market fails to breach and stays firm above 23885
Plan D : Cut above 23966
Plan E : Attempt buying if market corrects but stays firm above 23670
Plan F : Cut below 23539
FKLI
Market did a remarkable surge to close at 1843 yesterday. Market has successfully recouped most of its losses from early of the month but sustainability of it would be questioned as profit taking selling could kick in today amid weaker RM.
Holding long
Plan A : 1833-1865.5, do nothing
Plan B : Below 1833, liquidate
Plan C : Above 1865.5, take profits first
Plan D : Consider intraday sell if market fails to break above 1845
Plan E : Cut above 1848
FCPO
FCPO rocketed its way to 2267 yesterday, moreover, with the spike in the overnight soybean oil and Dalian market, it is expected to leap to a new high at opening. Ringgit further weaken to RM3.28 signalling market might have room for more upside.
Plan A : Overnight buyer may hold on to position. Support is looking at 2223. Target is 2413.
Plan B : Intraday investor may sell if market gap up too high. Resistance at 2329. Target is 2263. Only apply to opening hour.
Plan C : Fresh buyer stay out.
Plan D : Above 2290, do nothing.
Plan E : Below 2260, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks closed with slight losses on Wednesday, finishing off their lows of the session, after the Federal Reserve ended its stimulative monthly bond-buying program and expressed confidence in U.S. economic prospects.
Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before U.S. interest rates rise.
Plan A : Above 23885, do nothing
Plan B : Below 23670, do nothing
Plan C : Consider intraday sell if market fails to breach and stays firm above 23885
Plan D : Cut above 23966
Plan E : Attempt buying if market corrects but stays firm above 23670
Plan F : Cut below 23539
FKLI
Market did a remarkable surge to close at 1843 yesterday. Market has successfully recouped most of its losses from early of the month but sustainability of it would be questioned as profit taking selling could kick in today amid weaker RM.
Holding long
Plan A : 1833-1865.5, do nothing
Plan B : Below 1833, liquidate
Plan C : Above 1865.5, take profits first
Plan D : Consider intraday sell if market fails to break above 1845
Plan E : Cut above 1848
FCPO
FCPO rocketed its way to 2267 yesterday, moreover, with the spike in the overnight soybean oil and Dalian market, it is expected to leap to a new high at opening. Ringgit further weaken to RM3.28 signalling market might have room for more upside.
Plan A : Overnight buyer may hold on to position. Support is looking at 2223. Target is 2413.
Plan B : Intraday investor may sell if market gap up too high. Resistance at 2329. Target is 2263. Only apply to opening hour.
Plan C : Fresh buyer stay out.
Plan D : Above 2290, do nothing.
Plan E : Below 2260, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, October 28, 2014
29 October 2014
HSI Futures
U.S. stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America. Investors were awaiting clues on the outlook for the U.S. economy from the Federal Reserve as the central bank commenced a two-day policy meeting. It is likely to reinforce expectations it will wait a long while before rising interest rates, although the Fed is all but certain to announce the end of its massive bond-buying stimulus.
Hong Kong shares rose on Tuesday, underpinned by expectations for a slower pace of U.S. interest rate rises and more reforms at Chinese state-owned enterprises (SOEs).
Plan A : Above 23671, do nothing
Plan B : Below 23259, do nothing
Plan C : Consider intraday sell if market stays below 23671
Plan D : Cut above 23752
Plan E : Attempt buying if market were to corrects and holds firmly above 23325
Plan F : Cut below 23259
FKLI
Market finally broke above 1825 and closed firmly above it yesterday. Market now stands a chance of rallying further as long as it stays above 1821 today.
Holding long
Plan A : 1817-1840, do nothing
Plan B : Below 1817, liquidate
Plan C : Above 1840, consider taking profits
Plan D : Consider intraday sell only if market trades below 1825
Plan E : Cut above 1829
FCPO
FCPO finally broke through the consolidation and headed north. Soybean oil and Dalian stay strong, therefore, investor may expect a gap up during opening.
Plan A : Overnight buyer hold on to position. Support is 2164. Target is 2413.
Plan B : Intraday investor may buy if market supported at 2181. Target is 2247.
Plan C : Long term fresh buyer stay out of market.
Plan D : Seller stay of market.
Plan E : Above 2250, do nothing.
Plan F : Below 2180, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America. Investors were awaiting clues on the outlook for the U.S. economy from the Federal Reserve as the central bank commenced a two-day policy meeting. It is likely to reinforce expectations it will wait a long while before rising interest rates, although the Fed is all but certain to announce the end of its massive bond-buying stimulus.
Hong Kong shares rose on Tuesday, underpinned by expectations for a slower pace of U.S. interest rate rises and more reforms at Chinese state-owned enterprises (SOEs).
Plan A : Above 23671, do nothing
Plan B : Below 23259, do nothing
Plan C : Consider intraday sell if market stays below 23671
Plan D : Cut above 23752
Plan E : Attempt buying if market were to corrects and holds firmly above 23325
Plan F : Cut below 23259
FKLI
Market finally broke above 1825 and closed firmly above it yesterday. Market now stands a chance of rallying further as long as it stays above 1821 today.
Holding long
Plan A : 1817-1840, do nothing
Plan B : Below 1817, liquidate
Plan C : Above 1840, consider taking profits
Plan D : Consider intraday sell only if market trades below 1825
Plan E : Cut above 1829
FCPO
FCPO finally broke through the consolidation and headed north. Soybean oil and Dalian stay strong, therefore, investor may expect a gap up during opening.
Plan A : Overnight buyer hold on to position. Support is 2164. Target is 2413.
Plan B : Intraday investor may buy if market supported at 2181. Target is 2247.
Plan C : Long term fresh buyer stay out of market.
Plan D : Seller stay of market.
Plan E : Above 2250, do nothing.
Plan F : Below 2180, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, October 27, 2014
28 October 2014
HSI Futures
U.S. stocks ended near flat on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices.
Hong Kong shares fell on Monday, dragged down by a slide in brokerages amid uncertainty over the launch date of a closely-watched scheme linking the Hong Kong and Shanghai stock exchanges.
Plan A : Above 23325, do nothing
Plan B : Below 22980, do nothing
Plan C : Consider buying if market stays firm above 23111 and triggers a buy
Plan D : Cut below 22980
Plan E : Attempt selling if market fails to break above 23325 and triggers a sell
Plan F : Cut above 23501
FKLI
Market once again failed to break above 1825 and faced profit taking selling yesterday. Market could consolidate between 1813-1825 for the time being, unless it could break convincingly away from this range.
Plan A : Attempt selling if market fails to break above 1825
Plan B : Cut above 1828
Plan C : Consider buying if market holds firmly above 1813
Plan D : Cut below 1810
FCPO
FCPO flattened yesterday and today it might open lower as soybean oil and Dalian are trading weak. Market is taking a breather after the recent rally, therefore, it could be challenging for intraday investor due to the tight range. Ringgit remains weak at RM3.27 against the greenback.
Plan A : Overnight buyer hold on to position. Support is looking at 2153. Target is 2317.
Plan B : Intraday investor may stay out of market due to recent tight range.
Plan C : Fresh buyer may buy if market support above 2153. Hold overnight if market could hold above 2170 at closing.
Plan D : Above 2180, do nothing.
Plan E : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended near flat on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices.
Hong Kong shares fell on Monday, dragged down by a slide in brokerages amid uncertainty over the launch date of a closely-watched scheme linking the Hong Kong and Shanghai stock exchanges.
Plan A : Above 23325, do nothing
Plan B : Below 22980, do nothing
Plan C : Consider buying if market stays firm above 23111 and triggers a buy
Plan D : Cut below 22980
Plan E : Attempt selling if market fails to break above 23325 and triggers a sell
Plan F : Cut above 23501
FKLI
Market once again failed to break above 1825 and faced profit taking selling yesterday. Market could consolidate between 1813-1825 for the time being, unless it could break convincingly away from this range.
Plan A : Attempt selling if market fails to break above 1825
Plan B : Cut above 1828
Plan C : Consider buying if market holds firmly above 1813
Plan D : Cut below 1810
FCPO
FCPO flattened yesterday and today it might open lower as soybean oil and Dalian are trading weak. Market is taking a breather after the recent rally, therefore, it could be challenging for intraday investor due to the tight range. Ringgit remains weak at RM3.27 against the greenback.
Plan A : Overnight buyer hold on to position. Support is looking at 2153. Target is 2317.
Plan B : Intraday investor may stay out of market due to recent tight range.
Plan C : Fresh buyer may buy if market support above 2153. Hold overnight if market could hold above 2170 at closing.
Plan D : Above 2180, do nothing.
Plan E : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, October 26, 2014
27 October 2014
HSI Futures
U.S. stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States.
Hong Kong shares finished lower on Friday, dragged down by weak Chinese property data and corporate results from major companies.
Plan A : Above 23460, do nothing
Plan B : Below 23123, do nothing
Plan C : Consider selling if market remains trading below 23247
Plan D : Cut above 23460
Plan E : Attempt buying if market bottomed out above 23123 and triggers a buy
Plan F : Cut below 23123
FKLI
Market continued its surge up last Friday before settling at 1812.5 for the close. Market will likely hold above 1800 level for the time being. Any retracement would be seen as an opportunity to buy
Plan A: Attempt buying near 1809 level
Plan B : Cut below 1803
Plan C : Consider intraday sell if market test 1825 but fails to break through
Plan D : Cut above 1828
FCPO
FCPO exerted with selling pressure last Friday after tipping at 2194. Soybean oil and Dalian are trading weak and this may have a negative impact on the opening price.
Plan A : Overnight buyer hold on to position. Support is looking at 2143. Target is 2271.
Plan B : Intraday investor may trade sideway with range 2153 to 2182.
Plan C : Above 2190, do nothing.
Plan D : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States.
Hong Kong shares finished lower on Friday, dragged down by weak Chinese property data and corporate results from major companies.
Plan A : Above 23460, do nothing
Plan B : Below 23123, do nothing
Plan C : Consider selling if market remains trading below 23247
Plan D : Cut above 23460
Plan E : Attempt buying if market bottomed out above 23123 and triggers a buy
Plan F : Cut below 23123
FKLI
Market continued its surge up last Friday before settling at 1812.5 for the close. Market will likely hold above 1800 level for the time being. Any retracement would be seen as an opportunity to buy
Plan A: Attempt buying near 1809 level
Plan B : Cut below 1803
Plan C : Consider intraday sell if market test 1825 but fails to break through
Plan D : Cut above 1828
FCPO
FCPO exerted with selling pressure last Friday after tipping at 2194. Soybean oil and Dalian are trading weak and this may have a negative impact on the opening price.
Plan A : Overnight buyer hold on to position. Support is looking at 2143. Target is 2271.
Plan B : Intraday investor may trade sideway with range 2153 to 2182.
Plan C : Above 2190, do nothing.
Plan D : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, October 23, 2014
24 October 2014
HSI Futures
Earnings from Caterpillar and 3M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.
Hong Kong main share index finished lower on Thursday in line with regional bourses, but further declines were capped by slightly stronger China manufacturing activity.
Holding long
Plan A : 23128-23674, do nothing
Plan B : Below 23128, cut
Plan C : Above 23674, consider taking profits if market couldn't sustain
Plan D : Consider turning sell only if market stays below 23229
Plan E : Cut above 23405
FKLI
Market did a remarkable rebound and triggered a buy signal along the way yesterday. Market could have reversed from its bear trend and trading higher for remainder of the month, pending any negative surprises.
Holding long
Plan A : 1800-1825, do nothing
Plan B : Below 1800, liquidate
Plan C : Above 1825, consider taking profits if market couldn't hold firm
Plan D : Consider intraday sell if market do a quick surge but fails to break above 1825
Plan E : Cut above 1828
FCPO
FCPO has finally break through the consolidation range and continue to move upwards. Today it might open slightly higher as overnight soybean oil and Dalian market are trading at positive net change.
Plan A : Overnight hold on to position. Support is looking at 2135. Target is 2263 and 2413.
Plan B : Intraday investor may buy if market supported at 2158. Target is 2223.
Plan C : Seller stay out.
Plan D : Above 2200, do nothing.
Plan E : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Earnings from Caterpillar and 3M drove Wall Street higher on Thursday but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.
Hong Kong main share index finished lower on Thursday in line with regional bourses, but further declines were capped by slightly stronger China manufacturing activity.
Holding long
Plan A : 23128-23674, do nothing
Plan B : Below 23128, cut
Plan C : Above 23674, consider taking profits if market couldn't sustain
Plan D : Consider turning sell only if market stays below 23229
Plan E : Cut above 23405
FKLI
Market did a remarkable rebound and triggered a buy signal along the way yesterday. Market could have reversed from its bear trend and trading higher for remainder of the month, pending any negative surprises.
Holding long
Plan A : 1800-1825, do nothing
Plan B : Below 1800, liquidate
Plan C : Above 1825, consider taking profits if market couldn't hold firm
Plan D : Consider intraday sell if market do a quick surge but fails to break above 1825
Plan E : Cut above 1828
FCPO
FCPO has finally break through the consolidation range and continue to move upwards. Today it might open slightly higher as overnight soybean oil and Dalian market are trading at positive net change.
Plan A : Overnight hold on to position. Support is looking at 2135. Target is 2263 and 2413.
Plan B : Intraday investor may buy if market supported at 2158. Target is 2223.
Plan C : Seller stay out.
Plan D : Above 2200, do nothing.
Plan E : Below 2150, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, October 22, 2014
23 October 2014
HSI Futures
U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices.
Hong Kong shares had its best daily gain since early September, underpinned by a rally in U.S. shares and optimism the Chinese government will roll out more stimulus to prop up growth. China's flash manufacturing PMI report for October will be released around 9.45 am this morning.
Holding long
Plan A : 23043-23543, do nothing
Plan B : Below 23043, cut
Plan C : Above 23543, consider taking profits if market couldn't sustain
Plan D : Consider intraday sell if market fails to to break above 23405
Plan E : Cut above 23543
FKLI
Market moved within a tight range trading before going into Deepavali Holiday. Market will be deemed to be weak as long as it remains trading under 1798.5
Plan A : Attempt selling if market fails to break above 1798.5
Plan B : Cut above 1801
Plan C : Consider intraday buy if market retraces but holds firmly above 1786
Plan D : Cut below 1784
FCPO
Daily range tighten since beginning of the week which indicate market could lead to a trend soon either way. By looking at the chart, support at 2120 stay firm on Tuesday and Ringgit stay at RM3.26 against greenback, overall view lean more towards an uptrend.
Plan A : Overnight buyer may hold on to position. Support is looking at 2120. Target is 2263.
Plan B : Fresh buyer may react if 2135 is supported. Buy around 2135 to 2140. Hold overnight if market could close above 2150. Intraday target is 2163.
Plan C : Seller stay out of market.
Plan D : Above 2170, do nothing.
Plan E : Below 2120, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices.
Hong Kong shares had its best daily gain since early September, underpinned by a rally in U.S. shares and optimism the Chinese government will roll out more stimulus to prop up growth. China's flash manufacturing PMI report for October will be released around 9.45 am this morning.
Holding long
Plan A : 23043-23543, do nothing
Plan B : Below 23043, cut
Plan C : Above 23543, consider taking profits if market couldn't sustain
Plan D : Consider intraday sell if market fails to to break above 23405
Plan E : Cut above 23543
FKLI
Market moved within a tight range trading before going into Deepavali Holiday. Market will be deemed to be weak as long as it remains trading under 1798.5
Plan A : Attempt selling if market fails to break above 1798.5
Plan B : Cut above 1801
Plan C : Consider intraday buy if market retraces but holds firmly above 1786
Plan D : Cut below 1784
FCPO
Daily range tighten since beginning of the week which indicate market could lead to a trend soon either way. By looking at the chart, support at 2120 stay firm on Tuesday and Ringgit stay at RM3.26 against greenback, overall view lean more towards an uptrend.
Plan A : Overnight buyer may hold on to position. Support is looking at 2120. Target is 2263.
Plan B : Fresh buyer may react if 2135 is supported. Buy around 2135 to 2140. Hold overnight if market could close above 2150. Intraday target is 2163.
Plan C : Seller stay out of market.
Plan D : Above 2170, do nothing.
Plan E : Below 2120, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, October 20, 2014
21 October 2014
HSI Futures
U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains.
Hong Kong shares finished slightly higher on Monday, underpinned by positive U.S. economic data and in line with regional bourses, but investors stayed cautious due to recent volatility. Focus will be on China's Q3 GDP data due to release this morning. Malaysia and Singapore will be closed for Deepavali holiday tomorrow.
Holding long
Plan A : 22851-23405, do nothing
Plan B : Below 22851, cut
Plan C : Above 23405, consider taking profits if it retrace after a higher opening
Plan D : Consider turning sell only if market stays trading below 23043
Plan E : Cut above 23405
FKLI
Market failed to breach above 1800 level yesterday and settled at 1794.5 eventually. Market was seen gaining a little more momentum in the morning session but sustainability of it being questioned after failing to breach above 1800
Holding short
Plan A : 1763-1809, do nothing
Plan B : Above 1809, cover short
Plan C : Below 1763, consider taking profits if it recovers fast
Plan D : Intraday buying to be considered only if market holds firm above 1784
Plan E : Cut below 1781
FCPO
FCPO consolidated and started to narrow down its daily range. Dalian and soybean oil are slightly down and therefore, investor could expect a mere change during opening. Market has sign of recovery but this is yet to confirm 'till it triggers a buy signal. Ringgit strengthen at RM3.25 today.
Plan A : Overnight seller exit today if 2120 is supported. Target is 2068.
Plan B : Intraday investor could buy if market could support above 2120. Target is 2163.
Plan C : Above 2170, do nothing.
Plan D : Below 2110, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains.
Hong Kong shares finished slightly higher on Monday, underpinned by positive U.S. economic data and in line with regional bourses, but investors stayed cautious due to recent volatility. Focus will be on China's Q3 GDP data due to release this morning. Malaysia and Singapore will be closed for Deepavali holiday tomorrow.
Holding long
Plan A : 22851-23405, do nothing
Plan B : Below 22851, cut
Plan C : Above 23405, consider taking profits if it retrace after a higher opening
Plan D : Consider turning sell only if market stays trading below 23043
Plan E : Cut above 23405
FKLI
Market failed to breach above 1800 level yesterday and settled at 1794.5 eventually. Market was seen gaining a little more momentum in the morning session but sustainability of it being questioned after failing to breach above 1800
Holding short
Plan A : 1763-1809, do nothing
Plan B : Above 1809, cover short
Plan C : Below 1763, consider taking profits if it recovers fast
Plan D : Intraday buying to be considered only if market holds firm above 1784
Plan E : Cut below 1781
FCPO
FCPO consolidated and started to narrow down its daily range. Dalian and soybean oil are slightly down and therefore, investor could expect a mere change during opening. Market has sign of recovery but this is yet to confirm 'till it triggers a buy signal. Ringgit strengthen at RM3.25 today.
Plan A : Overnight seller exit today if 2120 is supported. Target is 2068.
Plan B : Intraday investor could buy if market could support above 2120. Target is 2163.
Plan C : Above 2170, do nothing.
Plan D : Below 2110, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, October 19, 2014
20 October 2014
HSI Futures
It is a tossup whether the market found a bottom this week, but bulls could find some support as corporations, mostly on the sidelines as the market tumbled, step up their stock purchases in the coming weeks.
Hong Kong shares finished higher on Friday, lifted by signs of recovery in overseas markets and a good earnings report from one casino that lifted stocks in that sector. Attention will be on China's GDP data releasing tomorrow 10 am.
Plan A: 22851-23128, do nothing
Plan B : Attempt buying if market breaches and hold firm above 23128
Plan C : Cut below 22851
Plan D : Consider selling if market stays trading below 22851
Plan E : Cut above 23128
FKLI
Market went through a strong rebound after finding its foot above 1873.5 level last Friday. Market is expected to take cue from positive Dow to further recover today. Successful breach above 1798.5 today would send positive signal to the bull hopefuls.
Plan A : Attempt buying if market corrects and stays firm above 1782
Plan B : Cut below 1775.5
Plan C : Consider selling if market surge but fails to break above 1806
Plan D : Cut above 1810
FCPO
FCPO leaped last Friday and stay firm above support with the low of 2128. Dalian and soybean oil are performing less attractive today with negative net change, while Ringgit remain weak at RM3.27.
Plan A : Overnight seller may have exited the market as resistance is broken. If you have not, seller is advised to exit position today if market cannot break 2120. Resistance remains as 2143. Target is 2120 and 2068.
Plan B : Intraday investor may buy if market could support above 2120. Target is 2163.
Plan C : Above 2150, do nothing.
Plan D : Below 2110, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
It is a tossup whether the market found a bottom this week, but bulls could find some support as corporations, mostly on the sidelines as the market tumbled, step up their stock purchases in the coming weeks.
Hong Kong shares finished higher on Friday, lifted by signs of recovery in overseas markets and a good earnings report from one casino that lifted stocks in that sector. Attention will be on China's GDP data releasing tomorrow 10 am.
Plan A: 22851-23128, do nothing
Plan B : Attempt buying if market breaches and hold firm above 23128
Plan C : Cut below 22851
Plan D : Consider selling if market stays trading below 22851
Plan E : Cut above 23128
FKLI
Market went through a strong rebound after finding its foot above 1873.5 level last Friday. Market is expected to take cue from positive Dow to further recover today. Successful breach above 1798.5 today would send positive signal to the bull hopefuls.
Plan A : Attempt buying if market corrects and stays firm above 1782
Plan B : Cut below 1775.5
Plan C : Consider selling if market surge but fails to break above 1806
Plan D : Cut above 1810
FCPO
FCPO leaped last Friday and stay firm above support with the low of 2128. Dalian and soybean oil are performing less attractive today with negative net change, while Ringgit remain weak at RM3.27.
Plan A : Overnight seller may have exited the market as resistance is broken. If you have not, seller is advised to exit position today if market cannot break 2120. Resistance remains as 2143. Target is 2120 and 2068.
Plan B : Intraday investor may buy if market could support above 2120. Target is 2163.
Plan C : Above 2150, do nothing.
Plan D : Below 2110, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Thursday, October 16, 2014
17 October 2014
HSI Futures
The S&P 500 and Nasdaq eked out slight gains on Thursday after another choppy session, as economic data eased fears about the potential effect of a weakening global economy on the United States.
Hong Kong shares finished lower on Thursday on worries over slowing global growth prompted by a slew of weak U.S. economic data, but losses were limited by a more positive outlook on China.
Plan A : Above 23128, do nothing
Plan B : Below 22681, do nothing
Plan C : Attempt selling if market try to rebound but fails to break above 23043
Plan D : Cut above 23128
Plan E : Consider intraday buy only if market holds above 22681 and triggers a buy
Plan F : Cut below 22681
FKLI
Persistent selling pressured market to touch an intraday of 1760.5 before settling at 1761.5 yesterday. Market might attempt some slight rebound today but rebound could be weak after sentiment got beaten down.
Plan A : Attempt selling near 1778 level
Plan B : Cut above 1781
Plan C : Consider buying only if market test its next support at 1744 and rebound
Plan D : Cut below 1738
FCPO
FCPO had side-way run yesterday with range of 2131 to 2104. Market might open slightly higher today as overnight soybean oil and Dalian markets are trading at positive net change. Ringgit stay firm at RM 3.28 against greenback.
Plan A : Overnight seller may consider to exit if resistance at 2143 is broken. Target is 2082 and 2068.
Plan B : Intraday investor might consider to range trade within 2143 to 2104.
Plan C : Long term buyer may need to wait 'till support at 2120 is firm.
Plan D : Above 2150, do nothing.
Plan E : Below 2080, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 and Nasdaq eked out slight gains on Thursday after another choppy session, as economic data eased fears about the potential effect of a weakening global economy on the United States.
Hong Kong shares finished lower on Thursday on worries over slowing global growth prompted by a slew of weak U.S. economic data, but losses were limited by a more positive outlook on China.
Plan A : Above 23128, do nothing
Plan B : Below 22681, do nothing
Plan C : Attempt selling if market try to rebound but fails to break above 23043
Plan D : Cut above 23128
Plan E : Consider intraday buy only if market holds above 22681 and triggers a buy
Plan F : Cut below 22681
FKLI
Persistent selling pressured market to touch an intraday of 1760.5 before settling at 1761.5 yesterday. Market might attempt some slight rebound today but rebound could be weak after sentiment got beaten down.
Plan A : Attempt selling near 1778 level
Plan B : Cut above 1781
Plan C : Consider buying only if market test its next support at 1744 and rebound
Plan D : Cut below 1738
FCPO
FCPO had side-way run yesterday with range of 2131 to 2104. Market might open slightly higher today as overnight soybean oil and Dalian markets are trading at positive net change. Ringgit stay firm at RM 3.28 against greenback.
Plan A : Overnight seller may consider to exit if resistance at 2143 is broken. Target is 2082 and 2068.
Plan B : Intraday investor might consider to range trade within 2143 to 2104.
Plan C : Long term buyer may need to wait 'till support at 2120 is firm.
Plan D : Above 2150, do nothing.
Plan E : Below 2080, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Wednesday, October 15, 2014
16 October 2014
HSI Futures
U.S. stocks fell on Wednesday on continued worries about weak global demand, but managed to close well above session lows that briefly pushed the S&P 500 and Nasdaq into negative territory for the year.
Hong Kong shares finished up 0.4 percent on Wednesday as global stock markets showed some signs of stabilising, but gains were capped by weak China inflation data which added to concerns that global economic growth is faltering.
Plan A : Above 23234, do nothing
Plan B : Below 22851, do nothing
Plan C : Consider selling if market remain trading below 23128
Plan D : Cut above 23234
Plan E : Consider intraday buy only if market holds firmly above 22851 and triggers a buy
Plan F : Cut below 22681
FKLI
Market broke below several major supports yesterday before settling near day's low level of 1780. Market is expected to be under pressure once again although volatile Dow did recovered much of its earlier losses before losing 173-points for the day.
Plan A : Wait for rebound to sell, possibly near 1791 level
Plan B : Cut above 1798
Plan C : No buying to be attempted unless market take a quick dive near 1744 level and rebound
Plan D : Cut below 1738
FCPO
FCPO continue to tumble to 2111 yesterday and with weak soybean oil and Dalian market, the opening also slipped at price 2123. Ringgit is still trading weak at RM3.27 against the greenback.
Plan A : Overnight seller may have exited yesterday as 2120 target is achieved. If you have not, resistance is 2143. Target is 2082.
Plan B : Intraday investor may sell if market could rebound and resisted at 2137. Target is 2082.
Plan C : Buyer stay out of market.
Plan D : Above 2140, do nothing.
Plan E : Below 2080, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
U.S. stocks fell on Wednesday on continued worries about weak global demand, but managed to close well above session lows that briefly pushed the S&P 500 and Nasdaq into negative territory for the year.
Hong Kong shares finished up 0.4 percent on Wednesday as global stock markets showed some signs of stabilising, but gains were capped by weak China inflation data which added to concerns that global economic growth is faltering.
Plan A : Above 23234, do nothing
Plan B : Below 22851, do nothing
Plan C : Consider selling if market remain trading below 23128
Plan D : Cut above 23234
Plan E : Consider intraday buy only if market holds firmly above 22851 and triggers a buy
Plan F : Cut below 22681
FKLI
Market broke below several major supports yesterday before settling near day's low level of 1780. Market is expected to be under pressure once again although volatile Dow did recovered much of its earlier losses before losing 173-points for the day.
Plan A : Wait for rebound to sell, possibly near 1791 level
Plan B : Cut above 1798
Plan C : No buying to be attempted unless market take a quick dive near 1744 level and rebound
Plan D : Cut below 1738
FCPO
FCPO continue to tumble to 2111 yesterday and with weak soybean oil and Dalian market, the opening also slipped at price 2123. Ringgit is still trading weak at RM3.27 against the greenback.
Plan A : Overnight seller may have exited yesterday as 2120 target is achieved. If you have not, resistance is 2143. Target is 2082.
Plan B : Intraday investor may sell if market could rebound and resisted at 2137. Target is 2082.
Plan C : Buyer stay out of market.
Plan D : Above 2140, do nothing.
Plan E : Below 2080, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Tuesday, October 14, 2014
15 October 2014
HSI Futures
The S&P 500 and Nasdaq ended up slightly on Tuesday, breaking a three-day string of declines that marked their worst losses since 2011, while the Dow finished lower for a fourth session on lingering worries about global demand.
Hong Kong shares ended slightly lower on Tuesday, erasing early gains as worries about cooling global growth continued to weigh on equity markets. Attentions will turn to China's CPI data due to release 9.30 am this morning.
Plan A : Above 23405, do nothing
Plan B : Below 22851, do nothing
Plan C : Consider selling if market were to rebound but fails to break above 23128
Plan D : Cut above 23405
Plan E : Attempt buying if market holds firmly above 22851 and triggers a buy again
Plan F : Cut below 22851
FKLI
Market tumbled after failing to break above 1803 yesterday. Market is expected to remain for the time being despite positive close from overnight Dow. Any rebound could be weak as sentiment got beaten down.
Plan A : Attempt selling near 1799 level
Plan B : Cut above 1803
Plan C : Consider intraday buying only if market manage to hold firm above 1781
Plan D : Cut below 1775
FCPO
FCPO is taking a breather at the moment with tight range movement. Soybean oil and Dalian markets are quite mixed in trading but with Ringgit rebounded to RM3.27 against greenback, it may limit the downside of the market.
Plan A : Overnight seller may hold on to position if resistance at 2188 is not broken. Target is 2120.
Plan B : Intraday investor may try to buy if support at 2143 is firm. Target is 2198 and 2212.
Plan C : Fresh seller stay out.
Plan D : Above 2200, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 and Nasdaq ended up slightly on Tuesday, breaking a three-day string of declines that marked their worst losses since 2011, while the Dow finished lower for a fourth session on lingering worries about global demand.
Hong Kong shares ended slightly lower on Tuesday, erasing early gains as worries about cooling global growth continued to weigh on equity markets. Attentions will turn to China's CPI data due to release 9.30 am this morning.
Plan A : Above 23405, do nothing
Plan B : Below 22851, do nothing
Plan C : Consider selling if market were to rebound but fails to break above 23128
Plan D : Cut above 23405
Plan E : Attempt buying if market holds firmly above 22851 and triggers a buy again
Plan F : Cut below 22851
FKLI
Market tumbled after failing to break above 1803 yesterday. Market is expected to remain for the time being despite positive close from overnight Dow. Any rebound could be weak as sentiment got beaten down.
Plan A : Attempt selling near 1799 level
Plan B : Cut above 1803
Plan C : Consider intraday buying only if market manage to hold firm above 1781
Plan D : Cut below 1775
FCPO
FCPO is taking a breather at the moment with tight range movement. Soybean oil and Dalian markets are quite mixed in trading but with Ringgit rebounded to RM3.27 against greenback, it may limit the downside of the market.
Plan A : Overnight seller may hold on to position if resistance at 2188 is not broken. Target is 2120.
Plan B : Intraday investor may try to buy if support at 2143 is firm. Target is 2198 and 2212.
Plan C : Fresh seller stay out.
Plan D : Above 2200, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Monday, October 13, 2014
14 October 2014
HSI Futures
The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen U.S. earnings, along with concern about the spread of Ebola.
Hong Kong shares erased morning losses on Monday due to strength in blue-chip stocks led by China Mobile, which rose after signing a business deal with Deutche Telekom. Nikkei will resume trading today after being shut for a public holiday yesterday. Singapore Q3 GDP released this morning misses forecasts.
Plan A : Above 23356, do nothing
Plan B : Below 22974, do nothing
Plan C : Consider buying if market were to correct but stays firm above 23079
Plan D : Cut below 22974
Plan E : Attempt selling if market fails to hold above 23079 and triggers a sell again
Plan F : Cut above 23356
FKLI
Market continued to slump after failing to hold above 1803. Market is expected to open lower once again today. Failure to hold above 1790 would see market diving towards 1781 next.
Plan A : Attempt selling near 1803
Plan B : Cut above 1809
Plan C : Intraday buying to be considered only if market holds firmly above 1781
Plan D : Cut below 1775
FCPO
FCPO was trading quite flat yesterday until some selling pressure is exerted at the eleventh hour. Overnight soybean oil and Dalian markets were trading with positive net change, therefore, the opening price is higher. Ringgit is strengthened slightly at 3.24 against the greenback today.
Plan A : Overnight seller hold on to position. Resistance is 2212. Target is 2120.
Plan B : Intraday investor might want to trade within the range of 2198 to 2143.
Plan C : Long term buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen U.S. earnings, along with concern about the spread of Ebola.
Hong Kong shares erased morning losses on Monday due to strength in blue-chip stocks led by China Mobile, which rose after signing a business deal with Deutche Telekom. Nikkei will resume trading today after being shut for a public holiday yesterday. Singapore Q3 GDP released this morning misses forecasts.
Plan A : Above 23356, do nothing
Plan B : Below 22974, do nothing
Plan C : Consider buying if market were to correct but stays firm above 23079
Plan D : Cut below 22974
Plan E : Attempt selling if market fails to hold above 23079 and triggers a sell again
Plan F : Cut above 23356
FKLI
Market continued to slump after failing to hold above 1803. Market is expected to open lower once again today. Failure to hold above 1790 would see market diving towards 1781 next.
Plan A : Attempt selling near 1803
Plan B : Cut above 1809
Plan C : Intraday buying to be considered only if market holds firmly above 1781
Plan D : Cut below 1775
FCPO
FCPO was trading quite flat yesterday until some selling pressure is exerted at the eleventh hour. Overnight soybean oil and Dalian markets were trading with positive net change, therefore, the opening price is higher. Ringgit is strengthened slightly at 3.24 against the greenback today.
Plan A : Overnight seller hold on to position. Resistance is 2212. Target is 2120.
Plan B : Intraday investor might want to trade within the range of 2198 to 2143.
Plan C : Long term buyer stay out of market.
Plan D : Above 2200, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
Sunday, October 12, 2014
13 October 2014
HSI Futures
The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry.
Hong Kong shares tumbled nearly 2 percent on Friday on weakness in global equity markets plus jitters over a possible flare-up in pro-democracy protests in the city. Japan markets are closed today for Health-Sports Day celebration.
Plan A : Above 23269, do nothing
Plan B : Below 22940, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23164
Plan D : Cut above 23269
Plan E : Intraday buying to be considered only if market holds firmly above 22940
Plan F : Cut below 22759
FKLI
Market officially turned bear on Friday after breaking below 1815 level. Support at 1803 look likely to be tested today. Failure to hold will see market heading towards 1790 and 1783 next.
Plan A : Attempt selling near 1815 level
Plan B : Cut above 1823
Plan C : No buying to be attempted for the time being
FCPO
FCPO shown some weakness last week and recorded the low of 2158. Market though still hover around the consolidation range but with overnight soybean oil and Dalian trading at negative net change, it is likely that market could open lower later.
Plan A : Overnight seller hold on to position. Resistance is looking at 2212. Target is 2120.
Plan B : Intraday investor might want to sell at rebound. Resistance is 2188. Target is 2143.
Plan C : Buyer stay out of market.
Plan D : Above 2220, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry.
Hong Kong shares tumbled nearly 2 percent on Friday on weakness in global equity markets plus jitters over a possible flare-up in pro-democracy protests in the city. Japan markets are closed today for Health-Sports Day celebration.
Plan A : Above 23269, do nothing
Plan B : Below 22940, do nothing
Plan C : Consider selling if market rebounds but fails to break above 23164
Plan D : Cut above 23269
Plan E : Intraday buying to be considered only if market holds firmly above 22940
Plan F : Cut below 22759
FKLI
Market officially turned bear on Friday after breaking below 1815 level. Support at 1803 look likely to be tested today. Failure to hold will see market heading towards 1790 and 1783 next.
Plan A : Attempt selling near 1815 level
Plan B : Cut above 1823
Plan C : No buying to be attempted for the time being
FCPO
FCPO shown some weakness last week and recorded the low of 2158. Market though still hover around the consolidation range but with overnight soybean oil and Dalian trading at negative net change, it is likely that market could open lower later.
Plan A : Overnight seller hold on to position. Resistance is looking at 2212. Target is 2120.
Plan B : Intraday investor might want to sell at rebound. Resistance is 2188. Target is 2143.
Plan C : Buyer stay out of market.
Plan D : Above 2220, do nothing.
Plan E : Below 2140, do nothing.
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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